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Education Vital Even in Formula One: Adam |
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Written by Allarabia.com
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Sunday, 11 October 2009 |
ABU DHABI — He did it and he hopes the students of the UAE do it too. Renault Formula One team test driver Adam Khan stressed that study and play go hand-in-hand and it was vital that you had a good education.
Adam Khan was one of the speakers at Mastering Motorsport, a two-day seminar by Formula One professionals from various segments of the industry. It is part of the Yasalam The Art of Racing initiative community outreach events which is a run-up to the Formula One Etihad Airways Abu Dhabi Grand Prix which will be held from October 30 to November 1.
It was organised by Flash Entertainment and sports marketing and communications specialists KHP Consulting with the aim of bringing the leading lights to the fans, helping the youth of Abu Dhabi understand the incredible opportunities that come with hosting a Formula One Grand Prix.
“Sport and racing is important but you also need education. Education is vital even in sport like racing. You need education to understand it better,” the British racer of Pakistani descent told 200 students at the seminar.
Khan has also raced in the A1 GP — the World Cup of Motorsport for A1 Team Pakistan and was appointed was officially appointed the ambassador for motor sports in Pakistan by the government there. He took a sabbatical from the A1 GP to complete his
university studies.
Adam was asked by one of the students on why he took up such a dangerous sport and not anything else, and he said: “I do agree it is a dangerous sport. But when I’m doing it and knowing that you are good at it, gives me great satisfaction. More than the fast driving, the fact that I’m good at it keeps me going at it. Just being good at something drives me forward.”
Adam said that one had to have talent and also needed to work hard to make it big in the world of motorsport. “You need talent and need to work hard at it. You need a base of qualities and from there, you work hard and build on it. There are so many categories in racing and you work hard to climb up each category. You need to keep working at it,” said Adam, who has also raced in the British Formula 3, German Formula 3, Spanish Formula 3, the GP2 Asia series, the Formula Renault V8 Eurocup and the Euroseries 3000.
Adam looks up to Formula One legend the late Ayrton Senna and seven-time Formula One world champion Michael Schumacher. “I had heard a lot about Ayrton Senna but I did not see him because I was a kid. But he was one of the greatest drivers. I do look up to Michael Schumacher. I was lucky enough to meet him once and he came across as a humble person and a great sporting champion,” said the 24-year-old from Bridlington,
Yorkshire, England.
The second day of the seminar’s Session 3 was Business and Commerical with Jason Campbell, Commercial Director Renault F1, Renault F1 test driver Adam Khan, Tom Potter, Head of Commercial Alliances, AT&T Williams F1, Michael Johnson, Manager F1 Marketing, Etihad Airways and Richard Cregan, CEO of the Abu Dhabi Motorsports Management
giving talks.
ABU DHABI — He did it and he hopes the students of the UAE do it too. Renault Formula One team test driver Adam Khan stressed that study and play go hand-in-hand and it was vital that you had a good education.
Adam Khan was one of the speakers at Mastering Motorsport, a two-day seminar by Formula One professionals from various segments of the industry. It is part of the Yasalam The Art of Racing initiative community outreach events which is a run-up to the Formula One Etihad Airways Abu Dhabi Grand Prix which will be held from October 30 to November 1.
It was organised by Flash Entertainment and sports marketing and communications specialists KHP Consulting with the aim of bringing the leading lights to the fans, helping the youth of Abu Dhabi understand the incredible opportunities that come with hosting a Formula One Grand Prix.
“Sport and racing is important but you also need education. Education is vital even in sport like racing. You need education to understand it better,” the British racer of Pakistani descent told 200 students at the seminar.
Khan has also raced in the A1 GP — the World Cup of Motorsport for A1 Team Pakistan and was appointed was officially appointed the ambassador for motor sports in Pakistan by the government there. He took a sabbatical from the A1 GP to complete his
university studies.
Adam was asked by one of the students on why he took up such a dangerous sport and not anything else, and he said: “I do agree it is a dangerous sport. But when I’m doing it and knowing that you are good at it, gives me great satisfaction. More than the fast driving, the fact that I’m good at it keeps me going at it. Just being good at something drives me forward.”
Adam said that one had to have talent and also needed to work hard to make it big in the world of motorsport. “You need talent and need to work hard at it. You need a base of qualities and from there, you work hard and build on it. There are so many categories in racing and you work hard to climb up each category. You need to keep working at it,” said Adam, who has also raced in the British Formula 3, German Formula 3, Spanish Formula 3, the GP2 Asia series, the Formula Renault V8 Eurocup and the Euroseries 3000.
Adam looks up to Formula One legend the late Ayrton Senna and seven-time Formula One world champion Michael Schumacher. “I had heard a lot about Ayrton Senna but I did not see him because I was a kid. But he was one of the greatest drivers. I do look up to Michael Schumacher. I was lucky enough to meet him once and he came across as a humble person and a great sporting champion,” said the 24-year-old from Bridlington,
Yorkshire, England.
The second day of the seminar’s Session 3 was Business and Commerical with Jason Campbell, Commercial Director Renault F1, Renault F1 test driver Adam Khan, Tom Potter, Head of Commercial Alliances, AT&T Williams F1, Michael Johnson, Manager F1 Marketing, Etihad Airways and Richard Cregan, CEO of the Abu Dhabi Motorsports Management
giving talks.
Session 4 was Recruitment and Mohammed Ben Sulayem, FIA Vice-President and President of the Automobile and Touring Club of the UAE, Rob Leupen, Head of Human Resources, Panasonic Toyota Racing and Will Lloyd, Managing Director Sport Recruitment International
were the speakers.
Session 4 was Recruitment and Mohammed Ben Sulayem, FIA Vice-President and President of the Automobile and Touring Club of the UAE, Rob Leupen, Head of Human Resources, Panasonic Toyota Racing and Will Lloyd, Managing Director Sport Recruitment International
were the speakers.
source khaleejtimes
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Oman, Uzbekistan to Jointly Establish Investment Fund |
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Written by Allarabia.com
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Sunday, 11 October 2009 |
MUSCAT — Oman and Uzbekistan have concluded a pact to establish a joint investment fund with an authorised capital of $500 million and paid up capital of $100 million.
It was signed between the State Public Reserve Fund and the Construction and Development Fund in Uzbekistan here on Monday, the second and last day of an official visit to Oman by Uzbek President Islam Karimov.
The fund, which will be based in Tashkent, will be 75 per cent owned by the Sultanate and 25 per cent by Uzbekistan. National Economy Minister Ahmed bin Abdulnabi Macki signed the accord for Oman and Rustam Azimov, Minister of Finance, for Uzbekistan.
The two sides also signed a commercial and economic cooperation agreement, an MoU for cooperation between the National Economy Ministry and the Uzbek Foreign Economic Affairs, Investment and Trade Ministry, and a draft MoU for food security cooperation. Another deal was concluded for building a cement plant in Uzbekistan between the Oman Investment Fund and the Foreign Economic Affairs, Investment and Trade Ministry of Uzbekistan and the Uzbek Oil and Gas Company. Also on Monday, an agreement and three MoUs were signed between the Oman Oil Company and Uzbek Oil and Gas company. While the agreement covers bilateral cooperation between the two companies, the MoUs relates to cooperation in the production of polyethylene and polyethylene chloride and the possibility of joint investment in petrochemical plants
in Uzbekistan.
Macki said the agreements signified a mutual desire by the two governments to “achieve joint economic and investment cooperation.” He underlined the sultanate’s “good experience” in foreign investment through the State General Reserve Fund, Oman Investment Fund and Oman Oil company. “Having investment ventures in Uzbekistan has many advantages as the country is located in the heart of Central Asia and is undergoing rapid economic growth. Moreover, it has abundant natural resources, such as oil, gas, agricultural land and human resources,” he added. Macki also said that both countries enjoyed “political stability, security, distinguished geographic location and both encourage investment.”
source khaleejtimes
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Morocco Best Market in N. Africa for Investment |
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Written by Allarabia.com
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Sunday, 11 October 2009 |
DUBAI — Morocco is the best market in North Africa for foreign property investors because of the country’s strong macroeconomic indicators and its government’s focus on transparency, a top executive of real estate consultancy Jones Lang LaSalle said.
Morocco stands out in a region that has attracted major investments from Gulf investors in the last three years, said Jalil Mekouar, the firm’s Executive Vice-President and Head of Middle East and Africa, speaking at a seminar about Lebanon and North Africa at
Cityscape Dubai.
“The country has a stable economy and strong banking system to attract foreigners,” he said on Tuesday, adding that Morocco’s legal framework and environment is also “business-friendly.”
The country’s economy is much more robust than just a few years ago, with a steady yearly growth in the region of 4-5 per cent from 2000 to 2007. The most important growth poles can be found in the tourism, telecoms and textile sectors, Mekouar said.
Along with Morocco, foreign investors in North Africa prefer Tunisia and Egypt. However, Mekouar said that his firm has seen “a lot of retrenchment” by investors since 2008, due to the global financial crisis.
Karim Beqqali, Managing Director of CB Richard Ellis Morocco, underscored Mekouar’s opinion about Morocco, saying that the country’s banking system remains healthy in spite of the financial crisis. This means there has been no impact on foreign or local developers, Beqqali said.
“Development in the country is tourism-oriented, and most of the developers are foreigners,” he said.
Morocco has transparency in many areas such as legal and finance, Beqqali added. “The government is at least aware of the transparency problem.”
Nabil Itani, Chairman of the Investment Development Authority of Lebanon, argued Lebanon too is a safe haven for investment. Although it is a small country, Lebanon has a sophisticated banking sector and provides a liberal environment for private businesses, he said. “My country is rich in human resources, and more than 60 per cent of the population speaks more than three languages,” Itani told the seminar.
“We have a stable legal environment to protect foreign investment, and there is no discrimination between local and foreign investors.”
source khaleejtimes
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69 Labour Protests in Six Months |
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Written by Allarabia.com
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Sunday, 11 October 2009 |
The Director of the Human Trafficking Crimes Monitor Centre, Dr Sultan Al Jamal, said that according to statistics compiled by the Temporary Workers Monitor Section, during the first six months of the current year 69 labour protests took place in Dubai, of which 40 were related to non-payment of
salaries, 20 over poor services and nine over demand for increase
in salaries.
According to the same statistics, 263 complaints were lodged by labourers for non-payment of salaries, two for aggressive acts, 47 for visa cancellation, three for visa transfer, 21 for bad treatment and withholding of documents, and three
for other reasons.
source khaleejtimes
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Caraga mining generates 20,000 jobs |
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Written by Allarabia.com
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Thursday, 08 October 2009 |
UTUAN CITY – The presence of major mining companies in the Caraga Region has generated an estimated 20,000 jobs and millions of pesos of tax revenues to the local coffers.
In full support to the government’s employment and income generation, these big mining companies also programmed several social projects such as livelihood and education projects aimed at helping the far-flung villages in the region, it was also learned.
Statistical records gathered from the Mines-Geo Sciences Bureau (MGB) of the Department of Environment and Natural Resources (DENR), Department of Trade and Industry (DTI), Department of Labor and Employment (DoLE) and Department of Energy (DoE) stated that eight of these major mining corporations have contributed to the government’s economic and development program in Mindanao, particularly in the Caraga Region.
The mining corporations involved in uplifting the economic condition in the countryside are: The Philsaga Mining Corporation in Agusan del Sur; the SRMI Metals in Agusan del Norte; the Taganito Mining; Platinum Group; and Oriental Synergy Mining, both in Surigao del Norte; and CTP Construction and Mining Corporation; Benguet Mining Corporation; and Carrascal Nickel Corporation (CNC), all in Surigao del Sur.
Philsaga Mining Corporation has already invested various projects such as education, water and road system, livelihood, tree plantation, farm production and health program to villagers in Agusan del Sur, the government agencies said.
The MGB report said Caraga holds the country’s largest gold deposits, nickel, silver, chromite, manganese, copper and other mineral resources.
In coal mining alone, DoE reported that a potential 6,000 hectares of coal mining area is in San Agustin and Lianga towns, while another 4,000 hectares are in the municipalities of Tandag and Tago, all in Surigao del Sur.
source manila bullettin
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Ombudsman helps 300 employees |
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Written by Allarabia.com
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Thursday, 08 October 2009 |
Ombudsman Merceditas Gutierrez on Tuesday extended assistance to more than 300 employees of the anti-graft body who were affected by the onslaught of typhoon ‘Ondoy.’
Gutierrez provided calamity assistance to employees in compliance to the Civil Service Commission’s (CSC) Memorandum Circular No. 29, s. 2009, directing all heads of offices to marshal efforts and resources to help government employees declared as calamity areas.
Assistant Ombudsman Jose T. de Jesus Jr. said data culled from the Office’ Human Resources and Management Division (HRMD) said a total of 306 employees were affected by the said typhoon. Aside from this, homes of relatives of hundreds of employees were also reported to have been submerged in the flood caused by the typhoon.
De Jesus said Gutierrez ordered the release of calamity assistance to its employees to help them recover from their losses as well as finance their basic needs as well as those of their relatives who were also affected by the typhoon.
At the same time, Gutierrez directed its Public Assistance Bureau (PAB) to undertake a campaign to collect clothes, food and cash donations for distribution to calamity victims. As of Tuesday, PAB has received a total of P160,000 from the contribution of its employees who sourced the same from their calamity assistance.
The fund will be used to augment clothes, food and other donations received by the Office, to be distributed to a flood-stricken barangay in Laguna. At the same time, it is set to conduct a feeding program in the area.
source manila bullettin
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